Catalyst Has Continued Role in Homburg Restructuring
Dartmouth, Nova Scotia-based Homburg Invest Inc., a manager, acquirer and developer of real estate, has entered into a restated support agreement with private equity firm Catalyst Capital Group. "setting forth the terms of Catalyst's participation" in the company's restructuring. The new agreement, which replaces one terminated in April, includes the possibility for Homburg creditors to receive a cash payment from Catalyst instead of shares in a new corporate entity. A creditors' meeting will consider related issues at the end of May.
14 May 2013•4 mins read
